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$UTX's net cash provided by operating activities for 1Q16 fell to $795MM from $1.65Bil in 1Q15. Net cash used in investing activities was $483MM compared to cash provided by investing activities of $206MM last year. Net cash provided by financing activities was $2.04Bil compared to cash used in financing activities of $1.38Bil a year ago.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?